A theory of how PIF wanted to play LCID acquisition - but was sabotaged Submitted by No_Low_2541 t3_10o0zik on January 29, 2023 at 6:30 AM in wallstreetbets 52 comments 23
workinguntil65oridie t1_j6d8xls wrote on January 29, 2023 at 3:03 PM 60% is already control. There is no need to take anything private if the path to profitability in the auto industry is so far off. Their investment fund is for greenfield, but buying outright the entire company does not make sense. Those funds would have a greater return elsewhere Permalink 6
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